My best guess is that a rally will emerge from this pre-election "rest" period, of unknown duration and amplitude. I will not play it, because I'm taking a break.
The only fly in this ointment, prediction-wise, is the continuing crash of commodities, which if it continues will IMHO ultimately undermine this rally in equities. If gold, oil (and to a lesser degree the EURO) can find their footing soon I can envision a rally in those battered sectors, supporting the market as a whole.
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